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Friday, September 28, 2012

Forget it, Sun--it's a China town.

A lot of people worry that our future will be dominated by China.

I'm not one of them.

No one really knows the internal state of China's finances--save the Politburo. But there are signs, like this one, that internal indebtedness, bad loans and overall corruption exist on a level that would threaten to make Jon Corzine blush.

After Corzine has a soul transplant, that is.

Remember the Sovfilter I mentioned below? It's also helpful for analyzing official statistics from Beijing.

Interesting times.

1 comment:

  1. I think China will be lucky not to collapse into feuding warlord factions. There is a good reason why Chinese governments have rarely been expansionist: it is hard enough trying to keep a quarter of humanity spread over the fourth largest country in the world together in a single State without the headaches of foreign lands to administer.